Ford is moving forward with plans to build an EV battery cell factory near Ankara, Turkey, that will become one of the largest of its kind in Europe so far.
The American firm has signed a non-binding agreement with LG Energy Solutions (LGES) and Turkish industrial conglomerate Koç to help achieve its goal of producing more than two million EVs globally by 2026.
Ford hopes to break ground at the site later this year and begin battery production there in 2026.
All three companies have committed to an initial annual capacity of at least 25GWh, which Ford said could later rise as high as 45GWh.
